Broad money growth (annual %) in Namibia
Namibia: Broad money growth (annual %) was 6.8% in 2021. ◆ Volatile
Broad money growth in Namibia, 1991–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2021, broad money growth in Namibia stood at 6.8%.
Compared with earlier readings it is down 16.3% on the previous year and down 42.1% over ten years.
Over the whole period, broad money growth in Namibia peaked at 59.6% in 2009 and was at its lowest, 2.1%, in 2003.
Namibia ranks 117th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in Namibia, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | 30.3% | — |
| 1992 | 46.6% | +53.7% |
| 1993 | 19.4% | -58.3% |
| 1994 | 30.9% | +59.4% |
| 1995 | 22.6% | -27.0% |
| 1996 | 24.1% | +6.6% |
| 1997 | 8.1% | -66.4% |
| 1998 | 10.5% | +30.4% |
| 1999 | 19.5% | +84.8% |
| 2000 | 13.2% | -32.3% |
| 2001 | 6.2% | -53.3% |
| 2002 | 15.4% | +149.1% |
| 2003 | 2.1% | -86.4% |
| 2004 | 22.5% | +974.8% |
| 2005 | 5.1% | -77.3% |
| 2006 | 29.7% | +480.3% |
| 2007 | 16.1% | -45.6% |
| 2008 | 13.3% | -17.6% |
| 2009 | 59.6% | +348.0% |
| 2010 | 10.5% | -82.3% |
| 2011 | 11.7% | +11.1% |
| 2012 | 4.1% | -64.5% |
| 2013 | 12.8% | +208.5% |
| 2014 | 7.8% | -38.6% |
| 2015 | 9.1% | +16.1% |
| 2016 | 6.1% | -33.5% |
| 2017 | 14.0% | +131.0% |
| 2018 | 6.4% | -54.3% |
| 2019 | 10.5% | +64.8% |
| 2020 | 8.1% | -23.3% |
| 2021 | 6.8% | -16.3% |
Namibia compared with similar countries
- Namibia's 6.8% is below the median for lower middle income countries, which is 12.4%, 55% of the median. (46 countries reporting)
- Namibia's 6.8% is below the median for Sub-Saharan Africa, which is 12.5%, 54% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +974.8% | 2.1% | 22.5% |
| 2006 | +480.3% | 5.1% | 29.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.6% | 8.1% | 46.6% | 9 |
| 2000s | 18.3% | 2.1% | 59.6% | 10 |
| 2010s | 9.3% | 4.1% | 14.0% | 10 |
| 2020s | 7.4% | 6.8% | 8.1% | 2 |
Countries ranked near Namibia
More financial sector data for Namibia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0663 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0484 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0663 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money growth in Namibia?
- Broad money growth in Namibia was 6.8% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Namibia?
- The highest recorded value was 59.6% in 2009.
- What is the lowest broad money growth recorded in Namibia?
- The lowest recorded value was 2.1% in 2003.
- How does Namibia rank for broad money growth?
- Namibia ranks 117th out of 167 countries with data for 2021.
- Is broad money growth rising or falling in Namibia?
- Over the last ten years it is down 42.1%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.